Chatgpt reaches over 700 million people per week – Openai CEO Sam Altman believes we may be in the AI bubble.
“When the bubble happens, smart people feel over-inspired by the core of a truth,” he told a small group of reporters at dinner in San Francisco, including Verge’s Alex Heath. “If you look at most bubbles in history, like tech bubbles, that’s a real thing. Technology is really important. The internet is a very important thing. People over-inspire people’s attention.
A bubble is because investors become too excited and therefore the price rises above its actual value. Think about it: the internet bubble, the cryptocurrency bubble, and even the housing bubble of the 2000s. As Nasdaq says in the definition of bubbles, they are “usually difficult to detect in real time because there are differences in the underlying value of assets.”
What is the relationship between the explosion of interactive bubbles and the AI era
As NBC News reports, according to a report by Torsten Slok, chief economist at Apollo, the AI bubble may be larger than the internet bubble. But not everyone agrees – Ray Wang, director of research for semiconductors, supply chains and emerging technologies at Futurum Group, told CNBC that despite the possible AI bubble, he doesn’t necessarily see this reality. “The fundamentals in the supply chain are still strong, and the long-term trajectory of the AI trend supports continued investment,” he told the news media. And, of course, it’s much easier to point out the bubbles on the other side.
Mixable light speed
Altman also told reporters at the dinner that while Chatgpt is currently “the fifth largest website in the world,” he soon hopes it beats Instagram and Facebook third. He said Chatgpt’s growth challenges have “been more difficult” since then.
“It’s really hard to make chatgpt bigger than Google,” he said.
Heath reported that one of Altman’s first tasks is getting more GPUs, so he can continue to expand Openai, otherwise bubble or not.
“You should expect Openai to spend trillions of dollars on building data centers in the near future,” he said.
